Charlemagne: more opportunities now, after land was overvalued last year - Azi

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Charlemagne, which sold three office buildings in Bucharest for 110 million euros last year, is in talks to become involved in three more projects, after a period during which the British company kept a low profile on the Romanian market.

"We are now starting to see more and more opportunities, given that properties were overvalued last year. The price of land is now lower and owners are more flexible and we have more opportunities to become part of co-developments," stated Mihai Diaconescu,...

Read the whole story in: Ziarul Financiar